This idea was started by Jessi at Wake Up America. It will appear here every Tuesday (whether I’m here or not; the only difference is I won’t be able to update the current gas price while on vacation) until Congress wakes up and allows a lot more domestic drilling (I’m not talking about just ANWR, or just off the Florida coast where Cuba, Red China and Brazil are preparing to drink our milkshake, or just the shale fields in the Rockies).
My Gas Price (south suburban Milwaukee County, Wisconsin): $3.759/gallon
America needs to drill here drill now. America is having a energy crisis, and we need to do something now!
The United States has vast oil and gas resources onshore and offshore that are currently illegal to develop and therefore inaccessible.
U.S. law prohibits the development of approximately 38 billion barrels of undeveloped oil resources (19 billion barrels onshore and 18.92 billion offshore).
U.S. law prohibits the development of approximately 180 trillion cubic feet of undeveloped natural gas resources (94.5 trillion cubic feet onshore and 85.7 trillion cubic feet offshore).
Also…
CONGRESS RECENTLY VOTED TO MAKE IT ILLEGAL TO DEVELOP U.S. OIL SHALE RESOURCES
With oil prices at an all-time high, Americans are facing escalating gas, diesel, and aircraft fuel increases. Oil prices are projected to increase further.
Congress, however, has made it illegal to develop vast domestic oil resources in large parts of the United States.
The most startling Congressional prohibition on domestic oil production concerns the recently enacted ban on the development of oil shale resources in parts of Colorado, Utah, and Wyoming in the Green River Formation. According to a Rand Study estimate, this reserve contains over one trillion barrels of oil, with 800 billion barrels fully recoverable, or three times the current oil reserves as Saudi Arabia.
There, however, is some good news. There is very-late word that the House Democrats will not attempt to attach their no-drill bill making the easiest-to-exploit portions of America’s energy resources permanently inaccessible to the continuing resolution. Thus, the ban on the offshore drilling portion of the various roadblocks toward energy independence will be lifted next week Wednesday. While I have no doubt the Democrats will try again next year to ensure a perpetual energy crunch if they are left in power, and while this doesn’t directly address the lock-ups on on-shore oil and natural gas, clean coal, and oil shale, I’ll take this victory.